by Staff reporter | Jun 28, 2022 | News
Eligible downsizer contributions won’t impact or count towards the member’s concessional or non-concessional super contribution caps. Advisers must receive the downsizer contribution form from their clients either before they make their downsizer contribution, or when...
by Shared from SMSF Adviser | Jun 28, 2022 | News
Based on the 2022 report, 65 per cent of advisers reported assisting clients with SMSF establishments in the past 12 months — an increase from 54 per cent in 2021. Seventy-two per cent of accountants reported that they had assisted clients with SMSF establishment — an...
by Shared from accountantsdaily.com.au | Jun 28, 2022 | News
The new rate applies to eligible taxpayers who elect to use the cents-per-kilometre method when calculating income tax deductions for their work-related car expenses. “The Commissioner of Taxation has determined that the rate is 78 cents per kilometre and applies to...
by Shared from accountantsdaily.com.au | Jun 27, 2022 | Blog
The first challenge is the war for talent and attracting graduates or experienced practitioners to consider an accounting career outside the state and territory capital cities. And then motivating them into becoming partners or self-employed practice owners. ...
by Keeli Cambourne | Jun 27, 2022 | News
The ATO is warning taxpayers to not engage in “asset wash sales” to artificially increase their losses and reduce gains or expected gains. Wash sales are a form of tax avoidance that the ATO is focussed on this tax time and typically involve the disposal of assets...
